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Abu Dhabi Investment Council Boosts BlackRock IBIT Holdings to $518 Million

Abu Dhabi Investment Council Boosts BlackRock IBIT Holdings to $518 Million

Al Warda Investments, managed by the Abu Dhabi Investment Council, tripled its IBIT ETF holdings to nearly eight million shares, reinforcing its strategy of viewing Bitcoin as a gold-like store of value.

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Fact Check
The evidence strongly and consistently supports the statement. Five out of the six provided sources directly corroborate the core claim that the Abu Dhabi Investment Council holds a significant stake in BlackRock's iShares Bitcoin Trust (IBIT), valued at $518 million as of a specific filing date (September 30). The most authoritative source, Bloomberg (Authority: 0.90), confirms this information, lending it significant credibility. The remaining relevant sources, while varying in authority, are all in complete agreement on the specific entity, the investment vehicle, and the monetary value. The sources also point towards an official regulatory filing as the origin of this data, which strengthens the claim's veracity. The single irrelevant source does not contradict the claim but simply discusses a different topic. The lack of any conflicting evidence and the consensus across multiple independent reports, led by a highly reputable financial news organization, result in a high confidence level that the statement is true.
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Summary

Al Warda Investments, operated under the Abu Dhabi Investment Council (ADIC) and part of Mubadala Investment Co., increased its stake in BlackRock’s iShares Bitcoin Trust ETF by 230% in Q3 2025 to nearly eight million shares worth $517.6 million, according to a U.S. SEC filing. ADIC told Bloomberg it regards Bitcoin as a store of value akin to gold and will hold it as part of both near- and long-term strategy. The buying occurred before Bitcoin hit a record near $126,000 in early October before dropping below $90,000 in November. The move follows other high-profile institutional allocations, such as Harvard’s endowment acquiring a $443 million IBIT position.

Terms & Concepts
  • iShares Bitcoin Trust (IBIT): A BlackRock-managed exchange-traded fund providing investors exposure to Bitcoin without directly holding the cryptocurrency.
  • Store of value: An asset that maintains its worth over time, used to preserve wealth across periods, such as gold or Bitcoin.
  • Sovereign wealth fund: A state-owned investment fund managing national reserves, typically invested in various global assets.